Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    103 Wesley Dr Palestine, TX 75801

    For Lease
    $1.50 SF/Yr

    High-traffic location, 1.54 acres.

    Lot size:
    67,598 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional commercial land opportunity in Palestine, Texas, presents a unique investment prospect. Located at 103 Wesley Drive, this 67,598 square foot parcel boasts a prominent 185-foot frontage. The property's zoning is designated as Commercial, allowing for a wide range of development possibilities. Situated in a high-traffic area, the site benefits from its proximity to major national retailers including Walmart Supercenter, ALDI, Walgreens, Hobby Lobby, Starbucks, Panda Express, Applebee's, and Wendy's, ensuring significant visibility and pedestrian traffic. The property is ideal for a ground lease or outright purchase. Taxes are a competitive $0.05 per square foot. The address is 103 Wesley Dr, Palestine, TX 75801, conveniently located near the Loop 256 cross street. This location offers unparalleled access and exposure, making it an exceptional opportunity for businesses seeking a high-visibility presence in a thriving retail environment. The single-tenant configuration provides flexibility and control. This is a rare chance to acquire a prime commercial property in a rapidly growing area.

    Property Features for 103 Wesley Dr

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    67,598 SF

    Unit(s) available at that property

    Space
    Size
    67,598 SF
    Rate per SF
    $1.50
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Palestine
    County
    Anderson
    State
    Texas
    Longitude
    -95.613174940549
    Latitude
    31.733330306333

    Nearby Similar for Lease

    • $8,280 /Mo
      13,800 SF

      Palestine Office/Warehouse Space Available

      Large office/warehouse with semi-truck access in Palestine, Texas.
      2500 Tile Factory Rd, Palestine, TX 75801
      View Details
    • $8,280 /Mo
      122,099 SF

      Palestine Warehouse with Extensive Office

      Large office and warehouse space with easy semi-truck access.
      2005 Tile Factory Rd, Palestine, TX 75801
      View Details
    • $3,500 /Mo
      145,578 SF

      Palestine TX Warehouse For Lease

      33,000 SF warehouse with highway frontage and flexible spaces.
      3215 W Oak St, Palestine, TX 75801
      View Details
    • $5,500 /Mo
      37,984 SF

      Updated Office Building with Storage

      Move-in ready office space with ample storage and parking.
      901 N Mallard St, Palestine, TX 75801
      View Details
    • $2,295 /Mo
      7,231 SF

      Palestine Flex Space For Lease

      3060 SF flex space available for lease in Palestine, TX.
      5424 W Oak St, Palestine, TX 75801
      View Details
    • $4,797 /Mo
      141,744 SF

      Retail and Office Space Available

      Highly visible shopping center in Palestine, TX with ample parking.
      330 E Spring St, Palestine, TX 75801
      View Details

    FAQs

    What type of property is this?
    Land - High-traffic location, 1.54 acres.
    Where is this land located?
    The property is located at 103 Wesley Dr Palestine, TX.
    What is the lease rate?
    The lease rate is $1.50 SF/Yr.
    Request Owner's contact information
    103 Wesley Dr Palestine, TX 75801
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    103 Wesley Dr
    Palestine, TX 75801
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    103 Wesley Dr Palestine, TX 75801
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.